Develop accounting equation from the following transactions:

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(i) Mohan started a restaurant business with cash 50,000

(ii) Purchased groceries for cash 30,000

(iii) Purchased vegetables, fruits, meat products on credit from Ram 20,000

(iv) Sold food (cost ` 10,000) for 12,000

(v) Bought Kitchen equipment on credit from Kitchenite Ltd. 2000

(vi) Paid cash to Ram 15,000

(vii) Salary paid 1000